Sentences with phrase «funds trading at»

A couple of suggested topics that I think you could do a job with: 1) Quantitative view of how to evaluate closed end funds trading at a discount to NAV with a given NAV and discount history, fee / cost structure, and dividend history; 2) How to evaluate the fundamentals of the return of capital distributions from MLPs — e.g. what fraction of them is true dividend and what fraction is true return of capital and how should one arrive at a reasonable profile of the future to put a DCF value on it?

There are many closed end funds trading at discounts to Net Asset Value (NAV).

Generally they invest in closed end funds trading at a discount then try to get management to take some action, like a share tender, that will narrow the discount.

I find the theory of the fund theoretically attractive; if you invest in a basket of closed - end funds trading at historic discounts, then approach managements in these funds and demand some event that will narrow or close the discount such as a buy - back or dutch tender, if you're successful you should be able to generate market beating returns.

As I was looking around the investing universe for possible underpriced securities over the past couple of months I happened upon a number of closed - end funds trading at significant discounts to net asset value (NAV).

The index tracked by CEFL specifically targets those funds trading at a discount, with the idea that a cheaper market price boosts yield relative to the yield on the fair value of assets.

Shares of closed - end funds trade at their market price, which may be higher or lower than a fund's net asset value (NAV) per share.

Above is a chart of CEF, Canadien Gold (60 %) and Silver (40 %) bullion closed - end fund trading at a 6.5 % discount today.

Less trading volume results in larger bid / ask spreads, and thus bond funds trade at premiums and discounts to the actual value of the bonds backing up the fund.

Shares of an open - end mutual fund trade at Net Asset Value (NAV).

More than four years ago, when Scottrade started to charge fees to some no - load mutual funds, Firstrade were mentioned by lot of investors as an alternative because of the fee - free mutual fund trading at Firstrade.

Alternatively, closed - end funds trade at a discount or premium to NAV, offering the investor the added potential of moving from discount to premium, as well as identifying discrete sectors or national economies.

Because they trade in an open market system, CEFs are subject to the laws of supply and demand; the factors that influence demand are also the factors that will determine whether a fund trades at a premium or discount.

A savvy investor would buy a closed end fund trading at a discount to NAV and try to sell at a premium.

Remember too that mutual funds trade at their net asset value, which means they do not have bid - ask spreads.

Column 7: Week High - This is the highest price the fund traded at during the past week.

This can lead to a closed - end fund trading at a premium of a discount to its NAV.

In practical terms, this often means that closed end funds trade at a discount to NAV.

Enough people know that such that ALL of the closed - end loan participation funds trade at a premium to net asset value.

I'd rather pay 100 bps for an S&P 500 index fund trading at 12 times normalized earnings than 5 basis points for the same market trading at 25 times earnings, which it does as of March 2016.

And this fund traded at a premium in the past, too.

Shares of closed - end funds trade at their market price, which may be higher or lower than a fund's net asset value (NAV) per share.

Above is a chart of CEF, Canadien Gold (60 %) and Silver (40 %) bullion closed - end fund trading at a 6.5 % discount today.

Some funds trade at premiums, while the majority trade at a discount.

Not exact matches

CNBC's Leslie Picker takes a look at whether hedge fund titan Steve Cohen is interested in trading outside capital again.

«He has always said the worst part of ETFs is that they becomes a trading vehicle that can hurt investors of any size, which contrary to the old index mutual funds, that can only be traded at the end of the day,» said Drew Voros, editor - in - chief of ETF.com.

Valeant's largest shareholder, billionaire and hedge funder John Paulson, has gained a seat on the drug maker's board, sending the beleaguered company's stock spiking more than 6 % in Monday trading (although it's still hovering at around the $ 13 mark).

«He may believe (possibly correctly) that the next day, trade ministers will be lining up in Washington to negotiate bilateral FTAs, ready to accept U.S. terms, thus handing him another victory,» Oonagh Fitzgerald, director of the international law program at the Centre for International Governance Innovation (CIGI), and Hector Torres, a member of the International Monetary Fund's executive board, wrote in an op - ed on January 30.

In the 21 years since the SPDR S&P 500 ETF debuted, the exchange - traded fund market has mutated and grown like some sort of monster that's all - knowing and great at making analogies.

Traders are still pricing in two rate hikes this year, based on the price of Fed funds futures contracts traded at CME Group (cme) Chicago Board of Trade.

At Cumberland, we are maintaining some cash reserves in our exchange - traded fund portfolios as this is written.

Either way, it's likely trading will start slowly, said Mike Novogratz, chief executive officer of Galaxy Investment Partners, which is raising a crypto hedge fund targeted at $ 500 million.

Margie Patel, a senior portfolio manager at Wells Fargo Funds, said that she expects to see little to no effect from trade tariffs and has been adding to companies such as PNC Financial Services that have sold off in the market downturn.

Investors in highly valued start - ups have been concerned about the willingness of public market investors buy into those companies at or above those high valuations, said Smith, also an IPO exchange - traded fund manager.

Online streaming service provider Quickflix has requested a trading halt for at least a month so it can undertake a restructuring program aimed at reducing costs, raising funds and attracting new customers.

Dan Morehead, founder and CEO of Pantera Capital, a hedge fund that specializes in cryptocurrencies, says his firm trades on all the major online exchanges, but will turn to a trading outfit, like Circle's, when the desk posts prices «at a discount to the market.»

The chair of Canadian Natural Resources also gifted $ 500,000 to the University of Calgary in 2011 to fund the construction of the N. Murray Edwards Finance and Trading Lab at the Haskayne School of Business.

«Anything much worse than that could unleash a wave of new selling, perhaps taking out key support at $ 15.50 and setting up a test of the previous lows from late last year,» said Steven Schoenfeld, founder of BlueStar Indexes, which develops indexes and exchange traded - funds that track Israeli stocks.

The head of human resources at the billionaire Steve Cohen's hedge fund is leaving four years after he was brought in to help repair the firm's culture in the wake of an insider - trading scandal.

Adam Fisher, who oversees macro investing at the New York - based Soros Fund Management, got internal approval to trade digital assets in the last few months, though...

Speaking at the Sohn Investment Conference in New York, the closely - watched DoubleLine Capital LP chief executive officer recommended a trade of shorting, or betting against, Facebook while betting on gains in an exchange - traded fund that tracks oil and gas explorers and producers who could benefit from rising inflation.

This has led to a competitive fee market, where, at peak trading hours, traders must offer a much higher percentage of funds as fees in order for their transaction to be processed.

Since then, commodities trading has come under pressure at big banks as funding costs have risen and regulators have clamped on their ability to make bets with their own money.

Deborah Fuhr, managing partner at ETFGI, says ETFs are treated as mutual funds under regulations and are listed and traded on exchanges.

«If you asked me in 25 years will most of the market still be actively managed, I'd say «yes»,» said Brian Reid, chief economist at retail fund trade association Investment Company Institute.

The head of macro investing at billionaire George Soros» fund is planning to trade cryptocurrencies, Bloomberg said Friday, citing sources familiar with the matter.

He also worked as head of macro trading and CFO at Tiger Management, the hedge fund founded by investing legend Julian Robertson.

«Global investors are also concerned about potential trade wars... which is stirring up some risk - aversion trade, so that, in turn, is supporting gold,» said Richard Xu, a fund manager at China's biggest gold exchange - traded fund, HuaAn Gold.

A look at the more short - term focused $ 2 trillion exchange - traded fund space shows which way money is heading.

Lewis, fund's chief investment officer, spent nine years at Citigroup as a director of the bank's global special situations group, a $ 5 billion prop - trading group that specialized in distressed debt, high - yield bonds, and value equity.